While Bitcoin is undergoing a correction in the short term at the moment, not many from the BTC community will be complaining or losing sleep over it. A period of uncertainty was looming large when BTC consolidated under $40,000 for an extended period of time, before holding fort near the $30,000 range. In fact, afterContinue reading “These are the odds of Bitcoin touching $30k once again”

Just like most major altcoins, Binance Coin was able to take advantage of the bullish momentum unfolding since 20 July. With a significant market cap of $66 billion, it sat comfortably at 4th on the rankings at press time. And yet, over the past few weeks, there has been more chatter surrounding other assets. Solana,Continue reading “Here’s why Binance Coin may be in a no-lose situation”

Bitcoin has managed to maintain a position near $46k over the past few days. While the threat of correction continued to loom large with each passing day, the range might become stronger support. There could be multiple reasons for Bitcoin’s current position, but chances are, market makers could be responsible for the current state. As sentimentContinue reading “What you need to know about Bitcoin’s current price range”

Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term.Continue reading “Bitcoin: Why this might not be the ‘dip to buy’”

Ethereum has held a valuation above $3000 since August 7th. It is a strong indication of a bullish market and over the long-term, it should unfold as a turning point. Yet, every cycle needs its period of correction and right now, major assets are indicative of such a change. However, we want to analyze EthereumContinue reading “What’s the best-case scenario for Ethereum”

Bitcoin closed a position above $42,000 on 6th August and since then, the asset has consolidated above the range. With the asset valued at ~$45,000 at press time, the general sentiment around the crypto market is starting to improve. Altcoins are performing admirably as well, as the industry remains at the cusp of another bullishContinue reading “Here’s why Bitcoin’s process towards the next rally is changing”

Coinbase is currently in a strange situation. After it went public in April, the organization faced a rocky start as Bitcoin triggered a bullish rally in May. Last month, its value dropped by 36% from its ATH level. However, its 2nd financial quarter of 2021 surpassed revenue expectations, which illustrates its recovery in terms ofContinue reading “Coinbase’s strange evolving relationship with Bitcoin”

The cryptocurrency industry is in the thick of another bullish wave; major assets have continued to establish a strong movement in the charts. During such rallies, there are multiple signals going off at the same time which re-direct attention towards an incline or decline. However, major signals that change organically over a longer period ofContinue reading “Bitcoin’s Q3 rally: Here’s the key signal you need to know”

Ethereum is currently consolidating above the $3000. A few weeks back, we emphasized the importance of moving above the aforementioned range in terms of affirming a bullish rally. Ethereum has gone forward and done just that in the past couple of weeks, but not in an ideal fashion. While the asset currently holds a valueContinue reading “Is this still expected from Ethereum after the $3000 breach”

The idea of a store-of-value asset has been evidently discussed in the cryptocurrency industry. It is a popular term in the traditional economic landscape. SoV narrative picked up more steam over the past two years, with the pandemic crippling the wider financial ecosystem. Right now, fear of inflation is looming large, and with negative interestContinue reading “This asset might fight Bitcoin’s SoV status and it’s not Gold!”

The cryptocurrency industry has witnessed several rising assets over the past few years. While Bitcoin, Ethereum, and XRP (to some extent) have remained prominent over the past 5 years, some projects temporarily rose to the occasion. Tron is possibly one of those projects at the moment. In 2019, Tron was expected to match Ethereum inContinue reading “Why this Altcoin can no longer be an ‘Ethereum killer’”

Losing sight of the bigger picture can always lead to hasty decisions in the crypto industry. It usually happens in the short term and the consequences are usually felt weeks later. Speaking of the market, Bitcoin and other alts are currently on a strong bullish run. Ethereum, Cardano, and other Alts were improving their marketContinue reading “This is how the market could unfold for Bitcoin, Ethereum, Cardano this week”